Study On Improving Independent Director System, In View Of The Benefits Of Small Shareholders

The most quoted company of our country is stripped-down by SOE {state-owned enterprises}. They prevalently have a kind of autarchy phenomena or dominated by the interior persons, which caused glitch of the supervise and balance system inside the corporation. Thought the quoted company establish the structure of the management inside the corporation in law most of them are form, not essential. Most of the directorate and the board of supervisor's members are control by strong stockholders. When this power is ill-used by the odd men in the quoted company, the interests of the quoted company and minority stockholders will be impinged on repeatedly. Many stockholders call this: "The Chinese quoted company is packaging in one year, coming into the market in the second year, and dropping out of the market for loss in the third year." Under this background, the independent director system is put forward.Along with independent director gradually pushing forward of the system, more and more independent directors start exercising the right in the own hand. Because system and listed company manage level's etc. to still exist greater problems. Although the our country listed company ushered in independent director system, its function still arrives seldom well exertive. Such as appear in last few years we didn't hear the independent director's voices in advance and in some cases which influence bigger deceitful information of the listed company to publish, violate in the small shareholder benefits. Independent director, imitated to become to let people to order about of vase director".While writing this thesis, the author collected and reorganized materials through special investigation and literature research. The thesis analysis of the status quo of China's independent director system through questionnaire survey, history data analysis and graph analysis. From protecting the small shareholder benefits setting out from the protection, starting to build up a set to match our country the independent director of the state of the nation, science system and implement system. In the use of advanced management concepts and management technology, respect China's national conditions, from the actual situation of the public company, we detailed analysis the independent director system. To guarantee the independence of the independent directors, we improve the independent system in order to play the supervision of independent directors, strategic support functions, as well as social relations. This text operates to have certain reference meaning physically to the local listed company independence director system.